Happy Friday! The market rebounded after Federal Reserve President Jerome Powell said everything short of 'we are cutting rates in September' at the Jackson Hole, WY Economic Symposium this morning. Indexes climbed to near record highs, with the PCE and$NVIDIA (NVDA.US)$earnings report next week to look forward too. Just past the 4 pm ET close, the$S&P 500 Index (.SPX.US)$traded +1.15%, the$Dow Jones Industrial Average (.DJI.US)$climbed 1...
Good morning, traders. Happy Friday, and what a Friday it is! Federal Reserve President Jerome Powell said everything short of 'we are cutting rates in September' at the Jackson Hole, WY Economic Symposium this morning. The market reacted positively, with indexes climbing right up to the shoulder of record highs. My name is Kevin Travers; here are stories about the U.S. stock market today. $NVIDIA (NVDA.US)$climbed 4%, the ...
股海踏浪
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Are you still dreaming? Even cutting interest rates is nothing more than tricking a bunch of idiots into taking over the market. America plummeted and falling through the C-wave is a natural law that no one can stop.
BFSkinner
Kevin Travers
OP
:
Rate cut of .25 is nothing. Will need 4-5 more cuts before any benefits to the economy. Normally when rates are cut a recession starts
Just past the 4 pm ET close, the $S&P 500 Index (.SPX.US)$ traded +1.15%, the $Dow Jones Industrial Average (.DJI.US)$ climbed 1...
My name is Kevin Travers; here are stories about the U.S. stock market today.
$NVIDIA (NVDA.US)$ climbed 4%, the ...
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